Matters Arising on Formation

A list of points to consider when you form your company is as follows:

• Appointment of Director
• Appointment of Secretary
• Accounting reference date for the company
• Registered office address
• Opening of company bank account
• VAT application
• Payroll scheme application
• Corporation tax reference application
• Accounting system set up (a simple excel spreadsheet should suffice for a one person company)
• IR35 status of your contract
• Shareholding structure
• Salary levels
• Expenses to be claimed
• Find a suitable Domain name to suit your particular business.